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title | date | featureImage | author | authorThumb |
---|---|---|---|---|
Rediscovery of Money | 2022-12-02 | images/blog/bitcoin.png | Cincinnatus | /images/author/cincinnatus.jpg |
Bitcoin is the Rediscovery of Money
In this article, the idea of "money" is defined as the "removal of counterparty risk". If we think about that, it is a pretty good definition in the context of some "value" to be exchanged between parties with the understanding of the "value" in relation to the parties themselves. That is the risk, removed.
https://dergigi.com/2022/12/02/bitcoin-is-the-rediscovery-of-money/
The risk associated with bitcoin today, in as much as we can talk about risk on a time horizon, is one of volatility. But that is another topic.